tr

Clayton vs Oakleigh — Which Suburb Should You Buy In?

June 24, 2026

Clayton and Oakleigh are neighbouring southeastern Melbourne suburbs both benefiting from Monash University’s student population and strong Greek-Australian community demand. GeeVee compares both for 2026 buyers and investors.

At a Glance: Clayton vs Oakleigh 2026

Metric Clayton Oakleigh
Median House Price $1,080,000 $1,150,000
Median Unit Price $560,000 $580,000
Gross Unit Yield 5.1% 4.6%
5-Year Growth 31% 30%
GeeVee Score 8.2/10 7.9/10

Clayton’s Monash University Yield Premium

Clayton’s exceptional 5.1% gross unit yield is driven by Monash University’s 55,000-student Clayton campus — the largest university campus in Australia. Units and townhouses within walking distance of the campus achieve vacancy rates below 1% during semester, generating consistent cash flow for investors. Clayton scores higher on GeeVee (8.2 vs 7.9) despite its lower entry price because of this structural yield advantage. Oakleigh offers a stronger lifestyle strip (Eaton Mall’s cafe precinct) and marginally better capital growth credentials.

Frequently Asked Questions

Is Clayton or Oakleigh a better investment?

Clayton scores higher on GeeVee (8.2 vs 7.9) due to its Monash University-driven unit yield (5.1% vs 4.6%) and lower entry price ($1,080,000 vs $1,150,000 median house). Oakleigh offers a stronger lifestyle strip and similar capital growth (30% vs 31% over 5 years).

Access off-market properties in Clayton and Oakleigh. Join the Collings Off-Market Portal free at collings.com.au/portal

Find your next property with Collings

Track suburbs, get matched to on-market and off-market listings, and manage your whole property search in one place. Access the Collings property portal.

Scroll to Top